MobiKwik gets RBI licence to operate as NBFC, targets ₹5,000 crore in loans

MobiKwik has received a license from the Reserve Bank of India to operate as a Non-Banking Financial Company (NBFC). This regulatory approval allows the company to move beyond just digital payments and enter the lending business. To begin, the firm will partner with banks and other NBFCs to offer credit products to consumers and small businesses, rather than lending directly on its own.
This development is significant for investors as it diversifies MobiKwik's revenue streams. By entering the credit market, the company can tap into the growing demand for digital loans. While this move opens new growth avenues, it also introduces operational and credit risks that the company must manage carefully.
Moving forward, investors should watch the company's progress in securing lending partners and the volume of loans disbursed. The success of this new venture will depend on how effectively MobiKwik can scale its lending operations and manage the associated risks.
Excerpt from CNBC-TV18
Published On Nov 6, 2026 | 16:15 IST Last Updated On Nov 6, 2026 | 16:15 IST The fintech firm plans to start lending through its subsidiary within six months, initially partnering with banks and other NBFCs to offer credit to consumers and small businesses. One MobiKwik Systems has received the Reserve Bank of India's…Read the original at CNBC-TV18
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